Common use of Stock Fully Paid; Reservation of Shares Clause in Contracts

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt in accordance with the terms of the Exercise Price thereforthis Warrant, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable Common Stock which may be issued upon the exercise of the rights represented by this Warrant ("Warrant Stock") will, upon issuance and receipt of the Exercise Price thereforissuance, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable Stock which may be issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price thereforissuance, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its fully paid and nonassessable Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Class B Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All shares of the Warrant Shares issuable Common Stock that may be issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price thereforissuance, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens liens, and charges with respect to the issuance issue thereof, other than restrictions upon transfer referred to herein or required under applicable federal or state securities laws. During the period within which the rights represented by this Warrant may be exercised, the Company shall will, at all times times, have authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable which may be issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price thereforissuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens liens, and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefortherefore, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.